It had been a crazy few months. Having met quite a number of people in their fifties, most were on the topic of planning for retirement. A typical sentiment shared by most of them immediate at the onset of the conversation is "I am old already, going to retire, I cannot take any risk with investments". This is a disturbing trend and it is difficult to change mindsets. This reminds me of the time I met a "Poor Dad" and a "Rich Dad".

First, the "Poor Dad". He was a humble civil servant who being highly educated, worked his whole life for the government. He slowly rise through the ranks. By the time of retirement, he had reach a respectable level and even had a pension pay out. He was frugal and amassed a fair sum for a comfortable retirement. This was 15 years ago.

Fast forward to the present, ...